Latest TSLA News
Tesla, Inc. (TSLA) Is a Trending Stock: Facts to Know Before Betting on It
Tesla (TSLA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Tesla Stock Takes A Breather: Is The Rally Losing Charge?
Tesla Inc. TSLA shares closed down by 4.95% on Friday and slipped another 1.35% in pre-market trading Monday, pausing what has been an electrifying 2024.
Axsome Therapeutics, Tesla And Other Big Stocks Moving Lower In Monday’s Pre-Market Session
U.S. stock futures were lower this morning, with the Dow futures falling more than 50 points on Monday.
Is Tesla Stock a Buy for 2025?
Shares of electric-car maker Tesla (TSLA -4.95%) have been on an absolute tear in 2024, rising more than 70% as of this writing. This obliterated the S&P 500's 25% gain during this time.
Tesla And MicroStrategy Show How Stories Can Drive Stock Performance
In today's stock market, the best stories win. Nowhere is that more evident than in Tesla shares.
Musk And Ramaswamy Back Foreign Tech Workers, Sparking Rift In MAGA Trump Camp & Twitter Firestorm
Billionaires Elon Musk and Vivek Ramaswamy, advisers to President-elect Donald Trump on federal spending, are urging support for foreign tech workers – a stance that has ignited a Twitter firestorm among Trump's far-right base. The debate over immigration policy and the tech industry's reliance on skilled labor is at the core of the rift between Trump’s nationalist supporters and the Silicon Valley leaders backing his administration, underscoring potential challenges for Trump, who takes office on January 20, 2025. The tech sector has long championed the H-1B visa program, which enables U.S. companies to hire thousands of foreign engineers and specialists annually, primarily from India and China. However, Trump's first administration restricted the program in 2020, arguing it displaced American workers with lower-paid foreign employees. Musk, a former H-1B visa holder whose company Tesla TSLA has utilized the program, defended the industry's position in a Dec. 25, post on X, "There is a permanent shortage of excellent engineering talent. It is the fundamental limiting factor in Silicon Valley." Ramaswamy went further. "‘Normalcy' doesn't cut it in a hyper-competitive global market for technical talent. And if we pretend like it does, we'll have our asses handed to us by China," he wrote in a long X post. "Our American culture has venerated mediocrity over excellence for way too long (at least since the 90s and likely longer). That doesn't start in college, it starts YOUNG," he continued. Earlier in the week, Laura Loomer, a far-right activist known for racist and conspiratorial remarks, criticized Trump's decision to name Sriram Krishnan as an adviser on artificial intelligence policy. Krishnan supports bringing more skilled immigrants into the U.S., which Loomer called "not America First policy" and accused tech executives of self-enrichment. Loomer’s comments provoked commentary on X from venture capitalist and former PayPal PYPL executive David Sacks, Trump's newly appointed "White House A.I. & Crypto Czar," who said on Wednesday that attacks against Krishnan “have become crude.” Late Friday, Loomer tweeted that Musk had censored her account “in retaliation for speaking out about Big Tech and immigration” And that “MAGA is under attack." Nikki Haley, former U.N. Ambassador and 2024 presidential candidate, also took to X on Thursday to blast Ramaswamy. Read More: Nikki Haley Blasts DOGE Co-Head Vivek Ramaswamy For His Take On ‘American Culture’ — ‘All You Have To Do Is Look At The Border And See How Many Want What We Have’ While Trump has not yet weighed in on the intensifying Twitter squabble, his positions over the years have reflected the divide in his movement. His tough immigration policies, including his threat of mass deportation, were central to his campaign That said, the online feud reflects the challenges Trump could face in keeping his MAGA base and his Silicon Valley billionaires playing nice together. "It's a sign of future conflicts," said Samuel Hammond, a senior economist at the Foundation for American Innovation. "This is like the pregame." Now Read: Elon Musk’s Legal Battle Against OpenAI’s For-Profit Transition Joined By Non-Profit Encode Photo: Shutterstock © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Should You Buy Tesla Stock Before Jan. 2?
Shares of Tesla (TSLA -4.95%) declined by 42% in the first few months of 2024. As of this writing, it's now up by a whopping 86% year to date, and it recently surpassed its all-time high from 2021.
Why the Tesla Stock Rally Is Fading Today
Tesla (TSLA -4.49%) shares have been soaring since the U.S. election in early November. But as the trading week comes to a close, the stock is on track to have its second consecutive losing day.
Nio’s Death Cross Meets Tesla Competition: Could Onvo L60 SUV Spark A Bullish Comeback?
Nio Inc. NIO, the Chinese EV maker, has been making headlines — but not for the right reasons. The stock just flashed a technical Death Cross, a bearish indicator where the 50-day moving average crosses below the 200-day moving average.
Tesla’s Stock is Soaring Even as Its Car Sales Sag
Sales of the company's cars are flagging, but investors are focusing on the potential of autonomous driving and Mr. Musk's ties to President-elect Donald J.